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Full question:</u></h3>
Why is persistent unemployment a possibility in the Keynesian model but NOT in the classical model?
A) The Keynesian model assumes that the level of real GDP is inflexible.
B) The Keynesian model assumes that people work for motives other than those of earning an income for themselves and supporting a family.
C) The Keynesian model assumes that workers can lose their jobs to foreign competition during economic downturns.
D) The Keynesian model assumes that nominal wages are inflexible downward.
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Answer:</u></h3>
The Keynesian model assumes that nominal wages are inflexible downward - is persistent unemployment a possibility in the Keynesian model
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Explanation:</u></h3>
The classical model is quite the usual microeconomic principles. Keynes claimed that the classical model is not common. In the classical model, the basis for the rationalizing is notional demand and supply, which implies market equilibrium. Keynes proposed the idea of aggregate demand, the overall demand for products and services in the economy.
Keynes supposed that the unemployment force persists regularly. Keynes was suspicious that the economic dominance of demand and supply drive the economy to a common equilibrium. Rising government spending or cutting taxes will boost aggregate demand.
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The one all the way at the bottom- 1 the one above it- 2 the one below the first one-3
The one above that one- 5 and the one below 3 is 4. You know what- just use the link.
One of the example would be: When He self-appointed united states to became a police in Panama and Columbia.
This self-appointment showed that President Roosevelt had the intention to gained a certain level of control within these territories, which is a behavior that displayed by leaders with imperialistic views.
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Answer:
Financial Accounting would provide stockholders or creditors with information about the overall financial performance of a firm, while Managerial Accounting would provide information needed by a firm’s vice president of marketing who wants to view changes in the marketing budget for a new product.
Explanation:
In the accounting world, we may find different branches each one of them specialized in providing with certain precise information and analysis according to what an organization is looking for. Financial Accounting studies the organization's financial transactions. With the help of standardized guidelines, those transactions are summarized, recorded, and presented in a statement or report. Thanks to that information, Managerial Accounting can interpret the financial data to the heads of the organization into future decisions they may be taking in order to react towards achieving the goals of the company.
